new product release? Good, but I think it is still in correction

Apple company is going to release new product to the market. That is good news but from the chart, it is still in correction phrase. Many analysts forecasting that 21th of March product announcement would trigger bullish move. I think the correction phrase can be completed in short term it would go up but there is still one more move down to the up trend line . For the long term, it is still in up trend, and in medium term is a bear .
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